Fosun offers to invest up to $350 million in India's Fortis Healthcare

India`s Fortis Healthcare Ltd , the target of two rival takeover bids, has received an unsolicited offer from Chinese conglomerate Fosun International for an investment of up to $350 million.

The offer is valued at 156 rupees ($2.38) per Fortis share, Fortis said on Tuesday.

Malaysia`s IHH Healthcare Bhd and India`s Manipal Health Enterprises Private Ltd are seeking to acquire Fortis.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)